2min chapter

Coin Stories with Natalie Brunell cover image

Things are Breaking with Greg Foss: 21 Min on Bitcoin, Markets, Mining and Insurance on Fiat Ponzi

Coin Stories with Natalie Brunell

CHAPTER

The Dixie Is a Basket of Six Currencies That Trade Against the US Dollar

The Dixie is a basket of six currencies that trade against the US dollar. The three big ones are the euro, Japanese yen and Canadian Looney. People sell US dollars and buy those other two currencies, causing the DXY to go lower. There's no one really controls the DXY except if you're a policy maker.

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